Management Discussion and Analysis For the Annual Operating Results 2018 Ended December 31, 2018 Note: This Management Discussion and Analysis (MD&A) was made to disclose information and the vision

trillion to Baht 5.06 trillion, support from REITs and property funds. Due to the global stock markets were volatile, both from the Fed's policy rate hike And economic uncertainty that made overall stock

Ground) total 140 Million Baht. In accordance with aiding measurement the operators in Suvarnabhumi Airport when affected by political crisis in 2010 causing the airport closed, AOT made the exception of

, express or implied, as to the accuracy or completeness of the information contained in this document or otherwise made available nor as to the reasonableness of any assumption contained herein or therein

the collateral under the aforesaid settlement agreements, providing that such reverse value is lower than the appraised price of the collateral because it was made on a conservative basis, based on the

Disclaimer None of the Company makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained in this document or otherwise made available nor as to

THB 123,675,151.37) 5. Following further negotiations with ACO I, ACO I made an additional offer, i.e. prior to the implementation of the debt to equity conversion scheme, ACO I will make an additional

(divided into principal of USD 32,345,883, or equivalent to THB 1,116,231,270.20, and interest of USD 3,583,829, or equivalent to THB 123,675,151.37) 5. Following further negotiations with ACO I, ACO I made

billion, an increase of Baht 54.4 billion or 2.8 percent from the end of March 2017, due to an increase in loans to large corporate, medium-sized and small businesses, as well as loans made through the

enhancing the Com- pany’s HVA portfolio. In September 2017, Indorama Ventures made its debut in the Dow Jones Sustainability Index (DJSI Emerg- ing Markets) and was ranked among Top Five of all chemical